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Science for SaleThe Perils, Rewards, and Delusions of Campus Capitalism$
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Daniel S. Greenberg

Print publication date: 2007

Print ISBN-13: 9780226306254

Published to Chicago Scholarship Online: March 2013

DOI: 10.7208/chicago/9780226306261.001.0001

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PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 17 September 2021

Money for Science: Never Enough

Money for Science: Never Enough

Chapter:
(p.11) 1 Money for Science: Never Enough
Source:
Science for Sale
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226306261.003.0002

This chapter discusses the insatiable need of American universities for money. Virtually all universities describe themselves as hard-pressed financially, even as they ingest colossal sums from a variety of sources, accumulate huge endowments, and operate on enormous budgets. Examples are Harvard University which received a total of $29.2 billion in 2006 and the University of Michigan with $4.9 billion. This chapter suggests that the pursuit of money is at the heart of modern university administration and university presidents are judged by their fundraising prowess.

Keywords:   American universities, endowments, budgets, Harvard University, University of Michigan, university administration, university presidents, fundraising

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